Let’s find out if news releases have shaken up the spread levels during the past 24 hours. Euro/Dollar’s daily average spread is point 38 pips. Maximum separation has been 1 and a half pips. The pair has made a move towards the 1 15 level as it gained point 9% or 102 pips in a bullish run. Spreads have been generally calm, despite the volatile rate movement, not exceeding 1.5 pips during the past 24 hours. The Cable’s long term average spread is slightly above the 1 pip mark and max separation has been 7.1 pips. Pound/Dollar has been on a rise above the 1 30 level, gaining more than 1% or 148 pips. Spreads were bumpy for a while yesterday at 11 PM GMT, but 7.1 pips is the biggest gap you should have seen. And last up is the Dollar/Yen, which has long term average and maximum spreads of point 37 and 1.2 pips respectively. Daily high and low difference of 86 pips was posted as the pair rose sharply by point 76%. No major separations have been recorded for this pair, the max of 1.2 pips took place yesterday at 11 PM. I’m Jack Everitt and this wraps up the Spike Controller for Wednesday.
Let’s find out if news releases have shaken up the spread levels during the past 24 hours.
Euro/Dollar’s daily average spread is point 38 pips. Maximum separation has been 1 and a half pips.
The pair has made a move towards the 1 15 level as it gained point 9% or 102 pips in a bullish run.
Spreads have been generally calm, despite the volatile rate movement, not exceeding 1.5 pips during the past 24 hours.
The Cable’s long term average spread is slightly above the 1 pip mark and max separation has been 7.1 pips.
Pound/Dollar has been on a rise above the 1 30 level, gaining more than 1% or 148 pips.
Spreads were bumpy for a while yesterday at 11 PM GMT, but 7.1 pips is the biggest gap you should have seen.
And last up is the Dollar/Yen, which has long term average and maximum spreads of point 37 and 1.2 pips respectively.
Daily high and low difference of 86 pips was posted as the pair rose sharply by point 76%.
No major separations have been recorded for this pair, the max of 1.2 pips took place yesterday at 11 PM.
I’m Jack Everitt and this wraps up the Spike Controller for Wednesday.
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